The drought out West has brought the insane water use issues out there to national attention again. The way water is being apportioned and used is not at all inline with whats best for the citizens out west, the free market, or the country in general. Unfortunately things are stuck that way out there because of some old outdated laws and practices. Time for change.
What we have now, he added, is “a government bureaucracy that gives the most powerful interests all the water they want, for low cost.”
A freer water market would almost certainly revolutionize water consumption in the West. You’d see more high-priced crops like almonds and fruit, less alfalfa for export, probably fewer dairy farms in California and perhaps more microchip manufacturing. “It would change the economy,”
“If people who owned water rights could make more money by selling them rather than using them locally, and they could move it … I’m absolutely certain it would change the face of water use in California.”